Unified Ledger for CBDCs, Tokenized Assets Could Enhance Global Financial System, BIS’ Hyun Song Shin Says

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“I think the actual choice of technology will really have to be decided for that particular use case,” Shin said at a Monday press briefing on the report. “It could be decentralized, like in a permissioned blockchain, but it doesn’t have to be. It could be a centralized system as well where there is a rigorous set of controls on data confidentiality, cyber resilience, and so on.”

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